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Facebook rejects calls to share advertising revenue with Australian media

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Re: Facebook rejects calls to share advertising revenue with Australian media

#21

What is it that causes news companies to lose money because of Google and Facebook? I am still visiting their site to read the article. If you only read the headline, you aren't a serious consumer of news anyway.

On mobile, for example, some news sites are hosted via Google's AMP service. I think that's at least one of the avenues for this supposed 'misuse'.

Re: Facebook rejects calls to share advertising revenue with Australian media

#22
post #21

What is it that causes news companies to lose money because of Google and Facebook? I am still visiting their site to read the article. If you only read the headline, you aren't a serious consumer of news anyway.

On mobile, for example, some news sites are hosted via Google's AMP service. I think that's at least one of the avenues for this supposed 'misuse'.

AMP still has ads and the publishers chose to install AMP.

Re: Facebook rejects calls to share advertising revenue with Australian media

#23
post #12
post #3

Earlier quoted context omitted.

I hope something good is implemented to favor local news agencies. I don't use facebook but I see how google get benefits of the other news channels. I mostly go to abc, news.com.au directly for news headlines. But I know lot of my friends use facebook for the latest news. This does not benefit the original content creator.

It's not local news pushing for this, it's being pushed by Murdoch's media empire. Based on the poor (some would say downright disgusting) quality of their content - they absolutely do not deserve even the funding they currently have.

I don't really watch the news and not from Australia originally even though I live here, so forgive my stupid question: is there local news in Australia? I've never heard of any.

Re: Facebook rejects calls to share advertising revenue with Australian media

#24

This just feels like the old gatekeepers are envious of the new gatekeepers. Neither of them deserve sympathy for the actions, however NewsCorp and Nine Entertainment might the first ones to buckle under this.

Here's hoping. NewsCorp have had a tangibly negative impact on my country, and likely everywhere they operate. If only all they wanted was profit, you could at least understand them. But they seem to want division and violence too. Someone needs to tell Rupert that he can't spend his money in a country that has fallen apart.

Re: Facebook rejects calls to share advertising revenue with Australian media

#25
post #2

Australian here. We really are the testing ground for draconian laws to be tested and proven out before it makes its way to the west.

This is similar to what Spain did in 2014 when passed a law to make Google pay for the news they published on Google News. Google closed the Spanish version of the site. There hasn't been a Google News for Spain since then.

https://www.rt.com/news/201031-spain-google-tax-law/

Re: Facebook rejects calls to share advertising revenue with Australian media

#26
post #3
post #2

Australian here. We really are the testing ground for draconian laws to be tested and proven out before it makes its way to the west.

I hope something good is implemented to favor local news agencies. I don't use facebook but I see how google get benefits of the other news channels. I mostly go to abc, news.com.au directly for news headlines. But I know lot of my friends use facebook for the latest news. This does not benefit the original content creator.

For anyone confused, ABC here is the Australian Broadcast Corporation, which is Australia's national news network, mostly government funded. Not to be confused with the ABC, the American Broadcast Company.

Re: Facebook rejects calls to share advertising revenue with Australian media

#27

So the other shoe has finally dropped: If it hasn't been apparent to everyone yet, the vast majority of "anti-tech"/anti-FB articles has been the dying gasps of attempted relevance from an antiquated media ecosystem. Old media is upset and angry that they no longer have a monopoly on controlling the narrative. They're scared that their business model is no longer viable. They're worried about their loss of credibilit…

While it's true that this is the reason for companies like Murdoch, the small and mid-sized ad and journalism industry suffers from this consolidation and market power as well and just brushing the issue off by appealing to unsympathetic entities like Murdoch is just as wrong.

It's not at all wrong to be concerned about the diversity of the news and ad ecosystem and what Facebooks or others role is in vacuuming up economic rents due to sheer size.

Re: Facebook rejects calls to share advertising revenue with Australian media

#29
post #23
post #12

Earlier quoted context omitted.

It's not local news pushing for this, it's being pushed by Murdoch's media empire. Based on the poor (some would say downright disgusting) quality of their content - they absolutely do not deserve even the funding they currently have.

I don't really watch the news and not from Australia originally even though I live here, so forgive my stupid question: is there local news in Australia? I've never heard of any.

There are a bunch of different TV networks, some with local news. I must admit I haven't kept track for a good decade or so, it's possible they've all died out.

I would say local newspapers and radio are the majority of local news sources though.

Re: Facebook rejects calls to share advertising revenue with Australian media

#30

So the other shoe has finally dropped: If it hasn't been apparent to everyone yet, the vast majority of "anti-tech"/anti-FB articles has been the dying gasps of attempted relevance from an antiquated media ecosystem. Old media is upset and angry that they no longer have a monopoly on controlling the narrative. They're scared that their business model is no longer viable. They're worried about their loss of credibilit…

I sometimes thought I was a singleton set of people who believed this. I'd add that the old media is also in a vicious cycle wherein they can only attempt to gain dwindling share of attention by reducing their credibility. At the micro level, (e.g. on Twitter, where a pan-outlet collection of journalists "mutually discover" the preferred narrative) this sometimes looks a bit like fixed point iteration about a circular firing squad.

I would predict that in this case, Facebook is probably right that news content could be excised from Australia without much cost to the company. It may hasten the demise of the old media in Australia.

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